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National Pension System (All Citizen Model)

Point-of-Presence service for the -regulated, defined-contribution National Pension System, with Tier I retirement and optional Tier II investment accounts, market-linked returns and digital or branch access.

Service typePFRDA-regulated defined-contribution National Pension System Point-of-Presence serviceSBI POP charges₹400 registration; initial and subsequent contributions 0.50% capped at ₹25,000; non-contribution transactions ₹30; GST and applicable levies extraEligibilityIndian citizens aged 18 to 70, including resident Indians and NRIs; existing coverage under another pension scheme does not exclude an individual
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Quick eligibility check

National Pension System (All Citizen Model)

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your age meet this requirement: Indian citizens aged 18 to 70, including resident Indians and NRIs?

Published source: Eligibility

2Do you meet this requirement: existing coverage under another pension scheme does not exclude an individual?

Published source: Eligibility

3Does your age meet this requirement: Indian citizens aged 18 to 70?

Published source: Customer type

4Are you this type of customer: Resident Indians?

Published source: Customer type

5Are you this type of customer: Non-resident Indians?

Published source: Customer type

6Document checkDo you have at least one of these required documents: KYC and subscriber registration documents required by the selected SBI digital or PoP-SP route?

Published source: Eligibility

7Document checkDo you have this required document or proof: NPS Contribution Instruction Slip for an applicable offline subsequent contribution?

Published source: Eligibility

8Document checkDo you have this required document or proof: Standing-instruction request where using the branch auto-debit route?

Published source: Eligibility
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 12 Aug 2026 · active
Offered byState Bank of India

Available through , Online and registered branches (PoP-)

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Service typePFRDA-regulated defined-contribution National Pension System Point-of-Presence serviceView source
describes as a Government of India pension-sector reform administered and regulated by , not as a bank deposit with a fixed return.
Source
National Pension System ()
Page / section
Introduction
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
EligibilityIndian citizens aged 18 to 70, including resident Indians and NRIs; existing coverage under another pension scheme does not exclude an individualView source
This is the eligibility printed on current general page; users should also compare -specific page because it publishes different tier availability.
Source
National Pension System ()
Page / section
Eligibility
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Account tiersTier I mandatory pension account with tax benefits; optional Tier II investment account with anytime corpus withdrawal and no tax benefit stated by SBIView source
Tax treatment follows current law; the record does not project the page's tax statements beyond the reviewed date.
Source
National Pension System ()
Page / section
Features
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Minimum contributionsTier I: ₹500 at opening, ₹500 per contribution and ₹1,000 total per year; Tier II: ₹1,000 at opening and ₹250 per contribution, with no annual minimum statedView source
The page separately states opening, per-contribution and annual minimums for the two tiers.
Source
National Pension System ()
Page / section
Features — minimum contributions
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Returns and investment flexibilityMarket-linked returns; choose a pension fund manager, change it once per financial year and change asset allocation four times per financial yearView source
No guaranteed return or bank interest rate is inferred from this market-linked product.
Source
National Pension System ()
Page / section
Features — returns and flexibility
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Fund-management charge range published by SBI0.03% to 0.09%View source
describes this as the fund-management charge; other CRA, , custodian and transaction charges may also apply.
Source
National Pension System ()
Page / section
Features
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Tier I exit at age 60At least 40% to an annuity and up to 60% as lump sum or staggered withdrawal through age 75; full withdrawal if corpus is ₹5 lakh or lessView source
The record reproduces published exit proportions and threshold; current rules control where they differ.
Source
National Pension System ()
Page / section
Terms and Conditions — Exit Option under Tier I
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Tier I exit before age 60After five years, 20% may be withdrawn and 80% goes to an annuity; full withdrawal if corpus is ₹2.5 lakh or lessView source
The record reproduces published early-exit rule; current rules and allowed circumstances control.
Source
National Pension System ()
Page / section
Terms and Conditions — Exit Option under Tier I
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Tier I partial withdrawalUp to 25% of employee contributions after a three-year lock-in, no more than three times over the tenure, subject to regulator conditionsView source
expressly makes these withdrawals subject to conditions prescribed by the regulator.
Source
National Pension System ()
Page / section
Terms and Conditions — Part Withdrawals under Tier I
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
SBI POP charges₹400 registration; initial and subsequent contributions 0.50% capped at ₹25,000; non-contribution transactions ₹30; GST and applicable levies extraView source
says contributions are remitted net of bank charges and that may change the fee structure.
Source
National Pension System ()
Page / section
Point of Presence / Bank Charges
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Opening and contribution channelsOpen through SBI YONO, Online SBI or an SBI PoP-SP branch; subsequent contributions and monthly standing instructions are available online or through registered branchesView source
The page describes end-to-end digital registration as well as the registered-branch route.
Source
National Pension System ()
Page / section
Terms and Conditions and Point of Presence / Bank Charges
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
AvailabilityAvailable through SBI YONO, Online SBI and registered SBI NPS branches (PoP-SP)View source
The manually reviewed product record states: “Available through , Online and registered branches (PoP-)”.
Source
National Pension System (All Citizen Model) — official product page
Page / section
Published product metadata
Accessed
12 Aug 2026
Confidence
high
Open official source ↗
Customer typeIndian citizens aged 18 to 70; Resident Indians; Non-resident Indians; Individuals already covered by another pension schemeView source
The manually reviewed product record states: “Indian citizens aged 18 to 70; Resident Indians; Non-resident Indians; Individuals already covered by another pension scheme”.
Source
National Pension System (All Citizen Model) — official product page
Page / section
Published product metadata
Accessed
12 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Portable retirement account across jobs and geographies
  • Choice of pension fund manager and asset allocation
  • Tier I and optional Tier II access for eligible customers
  • , internet-banking and registered-branch channels
  • Monthly standing-instruction facility

Eligibility

  • Returns are market-linked and not guaranteed by .
  • The general page includes , but -specific page says Tier II is unavailable to ; customers should use the specific route and verify current eligibility.
  • Exit, withdrawal, annuity and tax rules are regulatory and may change; confirm current and tax provisions before acting.
  • The embedded Vatsalya terms are published separately as a minor-only product.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • and subscriber registration documents required by the selected digital or PoP- route
  • Contribution Instruction Slip for an applicable offline subsequent contribution
  • Standing-instruction request where using the branch auto-debit route

Related official documents

SBI National Pension System — official product pageofficial-product-page · current · accessed 4 Sept 2026
↗

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Applicability · Published requirementForm is for resident Indians; a separate form is required. Foreign nationals, and applicants are not allowed to open PRAN under this form.

This value is copied from Subscriber Registration Form — eligibility and application fields. Check the table notes before relying on it.

Source: -linked Subscriber Registration Form (), Ver 1.1 · Pages 1–6 — application fields and instructions Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 12 rows · 2 columnsSBI NPS Subscriber Registration Form — eligibility and application fieldsFields and document rules printed in the six-page CSRF; the form itself warns that resident Indians and NRIs use different forms.View tableHide table

Scroll sideways to view every column

SBI NPS Subscriber Registration Form — eligibility and application fields
TopicPublished requirement
ApplicabilityForm is for resident Indians; a separate form is required. Foreign nationals, and applicants are not allowed to open PRAN under this form.
Mandatory personal detailsApplicant name, father's name, mother's name, date of birth, city and country of birth, gender, nationality, marital status and residential status; spouse name is mandatory when married.
Identity proofAny one accepted proof such as passport, voter , driving licence, NREGA job card, , Aadhaar/UID or other listed government/bank identity document, with identification number.
Address proofCorrespondence and permanent address proof may use passport, driving licence, Aadhaar, voter , NREGA job card, ration card, registered lease/sale agreement or a recent utility bill; separate proof is required when addresses differ.
and AadhaarThe form states Aadhaar and are mandatory under ; if not available at submission, the details are to be supplied within 6 months.
Income bandsUp to ₹1 lakh; ₹1 lakh–₹5 lakh; ₹5 lakh–₹10 lakh; ₹10 lakh–₹25 lakh; ₹25 lakh and above.
NominationUp to 3 nominees; each share must be an integer and all nominee shares must total 100%; a minor nominee requires guardian details.
Bank detailsTier I bank details are optional; if supplied, cancelled cheque/bank certificate supports them. Tier II activation requires bank details and a cancelled cheque or bank certificate containing name, account number and .
Pension fund choiceOne pension fund must be selected. Government subscribers use the listed default funds; All Citizen, Corporate and Lite availability follows the form's selection matrix.
Active-choice asset limitsActive Choice allocation must total 100%; E cannot exceed 50%, C and G may be up to 100% each, and A cannot exceed 5%.
Auto ChoiceLC75, LC50 or 25 may be selected; if no lifecycle option is indicated, the form states Auto Choice LC50 is used.
timingGovernment subscribers may submit documents within 30 days after PRAN generation; copies must be self-attested and originals produced for verification.
  • The resident/ applicability conflict is retained explicitly; this table is evidence from the linked form, not a claim that the same form is valid for .
-linked Subscriber Registration Form (), Ver 1.1 · Pages 1–6 — application fields and instructions · accessed 26 Aug 2026Open official source ↗
Table 2 · 4 rows · 2 columnsSBI NPS CSRF — fund and allocation choicesThe pension-fund and investment-choice matrix printed in the application form.View tableHide table

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SBI NPS CSRF — fund and allocation choices
ChoicePublished rule
Investment modesActive Choice or Auto Choice; an unselected mode defaults to Auto Choice LC50.
Asset classesE = equity and related instruments; C = corporate debt; G = government bonds; A = alternative investment funds including CMBS, MBS, REITs, and InvITs.
Government sectorGovernment subscribers are currently not allowed to exercise the investment option and use default pension-fund/investment rules.
Pension funds listed Pension Fund, Pension Funds, Retirement Solutions, Prudential, Kotak Mahindra, Reliance Capital, Pension Management and Birla Sun Life Pension Management.
-linked Subscriber Registration Form (), Ver 1.1 · Pages 2 and 6 — pension fund and investment option instructions · accessed 26 Aug 2026Open official source ↗
Table 3 · 8 rows · 2 columnsSBI NPS NCIS — contribution fields and payment instructionsThe one-page National Pension System Contribution Instruction Slip (NCIS).View tableHide table

Scroll sideways to view every column

SBI NPS NCIS — contribution fields and payment instructions
TopicPublished requirement
ReferenceSubscriber PRAN or New Application; subscriber name, government-employee coverage selection and mobile number.
Payment modesCheque, demand draft or cash; bank name, branch and city are mandatory for cheque/ payments.
AllocationSeparate amounts may be entered for Tier I and Tier II, together with the total amount to be invested and total amount in words.
DeclarationSubscriber declares that a Tier II contribution is from the subscriber's own bank account and through a legitimate source of funds.
thresholdA copy must accompany cash contribution of ₹50,000 or above.
Transaction treatmentEach Tier I and Tier II contribution is a separate transaction and is charged separately; the form directs users to the current offer document for charges.
Instrument instructionCheque/ should favour (Name of ) Collection Account — Trust and be crossed account-payee only.
Acknowledgement/- records receipt date, PRAN, cheque/ details, amounts received for Tier I/Tier II, registration/transaction charges, tax and amount invested.
-linked Contribution Instruction Slip (NCIS) · Page 1 — complete form and instructions · accessed 26 Aug 2026Open official source ↗

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